Infosys, Skanska Sign Record-Breaking Office Lease Deal in Poland

Infosys BPO Poland has signed a 10-year lease agreement with Skanska Property Poland to occupy an area of more than 226,000 square feet (21,000 square meters) of office space in the Infosys Green Horizon office complex in Lodz.

Lodz, Poland—Infosys BPO Poland has signed a 10-year lease agreement with Skanska Property Poland to occupy an area of more than 226,000 square feet (21,000 square meters) of office space in the Infosys Green Horizon office complex in Lodz.

According to the Cushman & Wakefield real estate advisory firm, which represented Infosys, the agreement marks the largest transaction in the history of the office market in Lodz, as well as the largest lease deal in the Polish office market in 2014.

Infosys BPO Poland already occupies the third floor of building B within the Green Horizon complex, which has been awarded LEED Gold certification. Starting September, the company will also occupy the facility’s second floor. The entire lease extends through 2024.

“Infosys Green Horizon is a proof that long-term cooperation based on dialogue and common values can be beneficial for both sides. Our building has been developed in cooperation with Infosys BPO Poland, therefore, it is an excellent example of an office complex that is suitable for outsourcing companies. Furthermore, this long-term agreement proves that the project has met all of the client’s requirements, especially those regarding space flexibility,” says Katarzyna Zawodna, president at Skanska Property Poland.

“The opportunity to contribute in the design stage of Infosys Green Horizon enabled us to acquire a place where we can remain for many years. Due to our cooperation, Lodz has gained a specific office building that meets the requirements of companies from the business services sector. These demands include the highest safety standards that result from regulations in contracts signed with our clients. Furthermore, the building offers great flexibility in terms of space arrangement. Therefore, we are confident that our offices will grow as our company grows. The building has a superb location and is both comfortable and worker-friendly. In other words: it has proven its value. Another agreement with Skanska was the obvious choice,” adds Michał Bielawski, financial controller Infosys BPO Europe.

The transaction also marks the second record-breaking deal for Skanska in Poland in the past few weeks. Earlier in September, the company has signed a lease agreement with HP Global Business Center for an area of over 176,500 square feet of space in the Dominikanski office building in Wroclaw.

The agreement was the largest office deal for regional cities in Poland in 2014, as well as the biggest lease transaction of its kind in the history of Skanska in the whole CEE region and for HP GBC in Poland.

Infosys BPO Ltd., the business process outsourcing subsidiary of Infosys Ltd., was set up in April 2002. Besides Poland, it operates in India, the Czech Republic, the Netherlands, South Africa, Brazil, Mexico, Costa Rica, the United States, Puerto Rico, China, the Philippines and Australia, and as of March 31, 2014, the company employed 28,581 people.